INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Discover Financial Services with Losses of $100,000 to Contact the Firm
Jul 27th, 2022 13:29 EST
Los Angeles, California--(Newsfile Corp. - July 27, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Discover Financial Services ("Discover" or "the Company") (NYSE: DFS) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Discover announced on July 20, 2022, that it would suspend its share buyback program as a result of an internal investigation into its student loan business and that business unit's compliance practices. Based on this news, shares of Discover fell sharply on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132061